First American Corporation (The) (FAF) Earning Favorable Media Coverage, Study Shows

Media stories about First American Corporation (The) (NYSE:FAF) have trended positive on Friday, according to Alpha One Sentiment. The research group, a subsidiary of Accern, identifies positive and negative media coverage by reviewing more than 20 million blog and news sources. Alpha One ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. First American Corporation (The) earned a coverage optimism score of 0.37 on Alpha One’s scale. Alpha One also gave media headlines about the insurance provider an impact score of 46 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

Insider Buying and Selling by Quarter for First American Corporation (The) (NYSE:FAF)

First American Corporation (NYSE:FAF) traded up 0.38% during mid-day trading on Friday, reaching $44.59. The company’s stock had a trading volume of 1,058,912 shares. The firm has a market capitalization of $4.93 billion, a price-to-earnings ratio of 14.21 and a beta of 0.75. The company’s 50-day moving average price is $43.09 and its 200 day moving average price is $39.40. First American Corporation has a 52 week low of $35.28 and a 52 week high of $44.62.

First American Corporation (The) (NYSE:FAF) last posted its quarterly earnings results on Thursday, April 27th. The insurance provider reported $0.50 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.42 by $0.08. The business had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $1.21 billion. First American Corporation (The) had a net margin of 6.13% and a return on equity of 12.20%. The company’s quarterly revenue was up 9.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.47 earnings per share. On average, equities analysts forecast that First American Corporation will post $3.27 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 15th. Shareholders of record on Thursday, June 8th were paid a $0.34 dividend. The ex-dividend date of this dividend was Tuesday, June 6th. This represents a $1.36 annualized dividend and a dividend yield of 3.05%. First American Corporation (The)’s dividend payout ratio (DPR) is 43.45%.

A number of research firms have weighed in on FAF. Keefe, Bruyette & Woods restated a “hold” rating and set a $39.00 target price on shares of First American Corporation (The) in a report on Wednesday, April 19th. Zacks Investment Research upgraded First American Corporation (The) from a “sell” rating to a “hold” rating in a report on Tuesday, April 11th.

COPYRIGHT VIOLATION NOTICE: This story was reported by WKRB News and is owned by of WKRB News. If you are accessing this story on another domain, it was illegally stolen and republished in violation of international trademark & copyright legislation. The original version of this story can be viewed at https://www.wkrb13.com/markets/2229356/first-american-corporation-the-faf-earning-favorable-media-coverage-study-shows.html.

First American Corporation (The) Company Profile

First American Financial Corporation, through its subsidiaries, is engaged in the business of providing financial services. The Company operates through the title insurance and services segment, and specialty insurance segment. The title insurance and services segment provides title insurance, closing and/or escrow services and similar or related services domestically and internationally in connection with residential and commercial real estate transactions.

This story was originally published by WKRB News (https://www.wkrb13.com) and is the sole property of WKRB News. If you are reading this article on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. You can view the original version of this story at https://www.wkrb13.com/markets/2229356/first-american-corporation-the-faf-earning-favorable-media-coverage-study-shows.html

Receive News & Ratings for First American Corporation (The) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First American Corporation (The) and related companies with MarketBeat.com's FREE daily email newsletter.

 


Leave a Reply

 
© 2006-2017 WKRB News.